Which Type of Firm Described Is Likely to Have a High

question 53

Multiple Choice

Which type of firm described is likely to have a high dividend payout ratio policy?

• A)A younger firm with uncertain income but significant growth opportunities.
• B)An older firm with steady earnings but few growth opportunities..
• C)An older firm with irregular income and significant growth opportunities.
• D)A younger firm with significant income and super normal positive growth opportunities.

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